Start by providing a few details about yourself, your company and the sale on which you would like an advance, and some documents related to yourself and the sale.
Our underwriters immediately review the details of your request and confirm your pending transaction with the settlement company closing the sale.
Once approved, we’ll e-mail you and your broker agreements which you can easily e-sign online.
Funding of up to 80% of your commission directly to your bank account. No obligation until you are funded! From start to finish, the entire process takes about 1 business day.
Repayment of your advance happens automatically when your sale closes. The settlement company receives a commission disbursement authorization signed by your Broker instructing them to send the portion of the commission that has been sold directly to Concord Commission Advance at the close of escrow.
If your sale doesn’t close for any reason, you can either substitute another listing that is under contract, your next listing that is set to close or pay us from other funds. If your next sale closes within the grace period, there is no additional cost to you.
- Copy of driver’s license and voided check
- 1099’s or annual commission report for the past two years
- Copy of contract of sale and other transaction documents
- Proof of contract deposit